Tesco Central Europe sale looks to be underway
UK grocer Tesco has reportedly hired Citigroup and Goldman Sachs to prepare a potential sale of its Central European operations, with documentation sent to prospective buyers. The Czech and Slovak businesses are expected to be marketed together, while Hungary would be sold separately. Potential bidders for the Czech-Slovak operation are said to include Lidl and Kaufland owner Schwarz Group and Poland’s Biedronka. (Wiadomości Handlowe)
